A partnership is currently holding $400,000 in assets and $234,000 in liabilities. The partnership is to be liquidated, and $20,000 is the best estimation of the expenses that will be incurred during this process. The four partners share profits and losses as shown. Capital balances at the start of the liquidation follow: Kevin, capital (408) Michael, capital (30) Brendan, capital (10%) Jonathan, capital (208) $59,000 39,000 34,000 34,000 The partners realize that Brendan will be the first partner to start receiving cash. How much cash will Brendan receive before any of the other partners collect any cash? Multiple Choice $12.250 $17,000 $14750 $19,500